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| Population: | 274,413 |
| Median family income (per year): | $49,985 |
| Median home price: | $282,000 |
| Home price gain (2004-2005): | 42.80% |
| One-year Market forecast: | -6.6% |
Bakersfield, CA
Oil wells, cotton fields and pecan and almond growers, as well as country-western music, make this valley city seem more like an outpost of southeastern Texas than the left coast.
It shares with that area many of the factors that work against high real estate prices: low paying jobs, hot summers, uninspiring scenery and plenty of room to expand.
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